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2020-12-31-accounts

St Philip & St James Church, Chatham King George Road Walderslade

Chatham

Kent ME5 0TZ

Annual Report and Financial Statements of the Parochial Church Council

UK registered charity No.1130600

For the year ended 31 December 2020

The Parochial Church Council of the Ecclesiastical Parish of St Philip and St James, Chatham

Registered Charity number: 1130600

Annual Report January to December 2020

Objectives and activities

Aims and objectives

The primary object of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC is to co-operate with the minister in promoting to the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The church has a vision which at this time is three-fold:

Church life

In 2020 the pattern of Sunday services was disrupted along with everything else in society by the covid-19 pandemic and the consequent national shutdown. March 15[th] 2020 was the last 10am Sunday service in the building, with only ~50% of normal attendance. The church made use of Streamyard as an online broadcasting platform for live services with participants joining in from their own homes. That is streamed to YouTube and Facebook for the congregation to follow.

Inevitably all the events in the building came to a halt, replaced by a mix of digital, phone and doorstep communication, pastoral care, discipleship and befriending. Thus all home groups meet on line, Walderslade Sings! has pivoted to meet on line, children’s groups (PJ gang, pathfinders, and Kidz Klub), Songs of Praise, weekly school assemblies and Sunday evening service have all successfully transferred on line. Cafe and Tots is the only group not to have successfully continued to meet regularly, also some of the occasional big outreach events have been either abandoned or completely re-thought in the digital only age which characterised much of 2020.

When allowed and appropriate, we have offered a Sunday 12noon said service of communion.

In June 2020 Martyn Saunders was appointed as leader of the St John's Chatham mission (BMO) whilst remaining as incumbent. The post of Associate Vicar has been created in agreement with the Diocese of Rochester, and Rev Andrew Vaughan appointed to that role which started in February 2021. Rev Luke Bacon has also been appointed from March 2021 initially on a fixed term agreement for upto three years working across both this parish and St John's Chatham.

Public Benefit

On the pages of this report, the PCC has profiled regular aspects of church life, meetings and services of wider public benefit, special events, occasional offices and grants given. In so doing the PCC sees itself as meeting the criteria of “Public Benefit” for registered charities through the activities listed. The Trustees are aware of the supplementary guidance on charities for the advancement of religion.

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Achievements and performance

One off events

The church continues to offer annual services of great interest and benefit to the local community. In November 2020 we hosted a Memorial Service for all those who had lost a loved one in the previous year in partnership with Medway funeral directors. IN 2020 this was livestreamed from the church building. In December, as part of our Christmas celebrations, we offered a crib service online for children and parents, as well as a carol service online which were very well attended by the community at large, partly due to the participation of Walderslade Sings! through using footage of them from previous carol services.

We offer baptism and thanksgiving services to local families and church members. Most of these happen in the Sunday morning service and draw an average of fifty visitors per family. In 2020 most of these have been delayed to 2021 due to the pandemic.

Church Attendance

As at April 2020 there were 164 (April 2019: 164) people on the Church Electoral Roll (approximately 40% of whom are resident in the parish) .

The average weekly (Sunday and midweek) attendance counted during October each year was impossible to be accurate in 2020, with a mix of online and in person events.

Occasional offices

In 2020, St Philip and St James Church conducted 0 (2019:15) baptisms due to the pandemic. There was no confirmation service in the year 2020. During the course of the year, we conducted no (2019:1) weddings in church and 22 (2019: 15) funerals of which 3 (2019:3) were in the church building.

Fabric, equipment, ministry and other expenditure related issues

The PCC attended to a number of fabric issues during 2020, relating to the church building and church hall as well as other issues relating to the mission of the church. Key fabric issues attended to during the year included:

  1. Electrical inspection and consequent works.

  2. Minor fabric and other expenditure.

Grants

The church is presently committed to giving away 10% of income to mission work in areas outside of the parish. The bulk of the money currently goes to particular missionaries who have historic links with the church, and thus were sent out by the church in some way.

The Mission allocation for 2020 was agreed and donations to each of CMS (Pat Blanchard), CMS (Eric & Rhena Clouston), SIM (Ruth Guinness), and Helper (Andy Blake). Smaller amounts were sent to each of David and Robin Stearns, Face to Face trust (Kevin Moore), Ubaku Boys home (Rebecca and Evode Usabyamahoro), Paul Jhass.

Financial Review

2020 has inevitably been shaped by the covid-19 pandemic. As the pandemic struck so the Treasurer conducted a granular review of giving to discern what sources might be at risk in the year from unemployment, or furlough. Our income from congregation giving remained largely stable with some people giving more with a 7% reduction in all, other income was affected by reduced church hall letting income but this is not a significant proportion of income anyway.

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In terms of costs, stipend payments and associated costs of housing, parish offer, and heating and lighting are relatively inflexible within a year. Costs were constrained due to reduced activity and some furlough payments for the PCC employed part time Church Operations Officer. The PCC is committed to continuing investment in enabling local residents to discover and respond to the love of God.

Reserves Policy

The PCC continued its cash reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets (roughly “the free reserves”) held aims to be between one and two months of the resources expended. The reserves are regularly reviewed by the treasurer and discussed at the PCC from time to time. In the event of a significant drop in funding, the PCC would consider how the funding can be replaced or activities changed, and may arrange for an appeal to be made to the congregation. At the end of December 2020, the free reserves amounted to ~£103,000 (2018: £85,638). This sum represents just over seven months of (normal) expenditure in normal times and exceeds the range outlined above, however the PCC is expecting to make capital investments in the building in 2021.

The Trustees consider that they are confident that they are a Going Concern especially with the free reserves level outlined above.

Structure, governance and management

Structure

The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC was registered on 17 July 2009 under registered charity number 1130600. The appointment of PCC members is governed by and set out in the Church Representation Rules (2017, now 2020, London: Church House Publishing).

Committees

The full PCC met ten times in 2020 (not August or December) and three times in 2021 before signing off this report . Sub-committees met on an occasional basis between PCC meetings and recommendations or proposals were received and discussed by the full PCC. The PCC in 2020 had the following sub-committees, which met on an occasional basis between full meetings of the PCC. Standing Committee is the only committee required by law.

Fabric Committee:

During 2020 fabric issues were dealt with by the Churchwardens in consultation with the PCC.

Missionary Committee:

The Committee attends to matters relating to the church’s support of the work of mission largely overseas and also in this country, outside the parish. It is responsible for making recommendations to the PCC for the allocation of the Mission budget.

Standing Committee:

This committee meets on an occasional basis to transact any urgent business of the PCC between its meetings, subject to any directions given by the Council.

Youth committee:

The Committee meets on an occasional basis to address issues concerning children and youth activities.

Risk Management

In its ongoing programme of risk management, the PCC has documented financial procedures

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(covering handling of cash, authorising expenditure, approving and paying for items of expenditure), procedures for handling disturbances at services (although not needed to be acted on during the year) and a fire risk assessment. In regard to safeguarding both children and vulnerable adults, the PCC follows the Diocese of Rochester’s Safeguarding procedures and policies. Thus, the PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). The PCC has also identified the risk of claims arising from historic debt advice and has appropriate insurance against that situation.

Reference and administrative information

Background

St Philip and St James’ Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church Centre Complex of St Philip and St James, King George Road, Chatham.

Membership

Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. During the year, the following served as members of the PCC:

Ex officio:

Incumbent: The Rev’d Martyn Saunders Associate Vicar: The Rev’d Andrew Vaughan (from 14/2/2021) Assistant Curate: The Rev’d Luke Bacon (from 7/3/2021) Reader: Rose Robinson Elected members: Churchwardens: Tandy Sinclair Winston Archibald Members of Rochester Diocesan Synod: Julie Campbell Guy Gallico Representatives to Rochester Deanery Synod: Heather Drew (from 1/12/2020) Joe Franqueira (to 30/11/2020) Diane Hatcher (from 1/12/2020) Tracy Read Tanya Terry (to 30/11/2020)

Elected and co-opted members of the PCC: Melanie Banister (from 10/10/2020) Jim Knight (until 1/6/2020) John Crook Steve Killick Heather Drew (to 31/11/20) Cheryl Philips (until 10/10/2020) Beth Franqueira (until 10/10/2020) Trevor Poulter (from 10/10/2020) Steve Fouch (until 10/10/2020) Luke Saunders Diane Hatcher (10/10/20 to Chris Sims 31/11/20) Tracy Read (from 10/10/2020) Rita Holding Mary Burling (from 10/10/2020) In attendance (until 10/10/2020) as PCC secretary, Mary Burling.

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Contact Details

Correspondence may be addressed to: PCC Chair, St Philip and St James’ Church, King George Road, Chatham, Kent ME5 0TZ.

Bank: CAF Bank Ltd, 25 Kings Hill Ave, Kings Hill, West Malling, Kent ME19 4TA

Independent examiner:

Mr David R Ralph, FCIE, 50 Southwood Rd, Rustall, Tunbridge Wells TN4 8SP

Approved by the PCC on 23 March 2021 and signed on their behalf by

Rev’d Martyn Saunders (PCC Chair)

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PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2020

STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December 2020
**Note ** **Unrestricted ** Designated Restricted TOTAL Unrestricted Designated Restricted TOTAL
Funds Funds Funds 2020 Funds Funds Funds 2019
£ £ £ £ £ £ £ £
INCOMING RESOURCES
Income from donations 2a 119,679 1,377 10,967 132,023 134,514 3,024 13,502 151,040
Income from other trading activities 2b 4,438 840 2,491 7,770 8,524 625 380 9,528
Investment income 2c 39 10 - 50 72 13 18 103
Charitable activities 2d 2,075 - 589 2,665 5,389 1,351 - 6,740
Other incoming resources 2e - - - - - - - -
TOTAL INCOMING RESOURCES 126,232 2,228 14,048 142,508 148,500 5,012 13,900 167,412
RESOURCES USED
Expenditure on charitable activities 3 114,880 1,859 6,563 123,302 143,752 3,957 12,075 159,784
TOTAL RESOURCES EXPENDED 114,880 1,859 6,563 123,302 143,752 3,957 12,075 159,784
NET INCOMING / (OUTGOING) RESOURCES 11,352 369 7,484 19,205 4,747 1,055 1,826 7,628
GAINS AND LOSSES ON INVESTMENTS
Realised - - - - - -
Unrealised - - - - - -
GROSS TRANSFERS 1,615.41 (2,549) 934 - 434 (634) 200 -
NET MOVEMENT IN FUNDS 12,967 (2,180) 8,418 19,205 4,747 1,055 1,826 7,628
BALANCES BROUGHT FORWARD AT 1 JANUARY 85,638 8,433 3,254 97,325 80,457 5,613 3,627 89,698
BALANCES BF AT 1 JANUARY -represented 80,457 8,012 1,228 89,697
BALANCES CARRIED FORWARD AT 31 DECEMBER 98,605 6,252 11,672 116,530 85,638 8,433 3,254 97,325

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PAROCHIALCHURCH C¢XJNOLOF ST. PIMUP& ￿. JAW CHAniAM BALANCE SHEETAS AT 31 DE￿￿ER Zoa) 2019 FIXED AS5Et5 Tawt Debtors RepaIrFUr￿ at DKKese BankA(counts Cash &717 173 5.1764 S8￿ UABILfnE5: creditc￿s- Amounts Falling DEEvfrthln Oneyear NEf CURREiifASSfTS 12.1171 i￿.9&4 1330 962 97.326 Credilor5. Amounts Falnry o￿AfterOne Year TOTAL META￿15 97,326 Ullrestricted De￿8￿aled RÈpairfvnd5 Deslgnated Barnabas fund De%gnatsd BrÈakawayfvnd Des1¥r￿ Yovn8 Peoplesfund Other Designated Funds Restricted fufid. 8ereavementGroup Restrirtèd fur￿. GLOW Re5trirted fund. GOCKI New5 aub Restritted fUl￿- Hope Restricted hjnd. Walderslode&ng51 Re5thcted fund -childrry￿ & Fa￿1¥ Worker 85.638 5.176 835 L535 310 310 33 378 L652 116.530 97326 gr￿ule Chaim PCC TreaSu￿r

PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020

1 ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities Statement of Recommended Practice 2015 and Financial Reporting Standard (FRS) 102.

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which would be shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

a Funds

Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest, where material, is apportioned to individual funds on an average balance basis.

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

b Incoming Resources

Planned Giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends would be accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

c. Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The parish offer to the diocese is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

d Fixed Assets

Consecrated and beneficed property is not included in the accounts in accordance with section 10 (2) of the Charities Act 2011.

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require Fixed Assets are depreciated to reflect their diminution of value over their estimated economic lifetime, as follows:

Office equipment and computers: 3-5 years. Fixtures and fittings: 10 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

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PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020

2. INCOMING RESOURCES

2. INCOMING RESOURCES
Unrestricted Designated Restricted
Funds
Funds
Funds
£
£
£
a.Income from donations
Regular Giving
95,755
750
2,101
Church Collections
832
251
8
Income Tax Recovered
22,013
585
Grants Received
300
3,515
Legacies
Sundry Donations
779
376
4,758
119,679
1,377
10,967
b.Income from other trading activities
Church hall lettings etc
3,943
Fund raising events
25
475
-
Other fundraising
470
365
2,491
4,438
840
2,491
c.Investment Income
Dividends and interest
39
10
-
d.Charitable Activities
Sundry income
Fees - Weddings & Funerals
1,719
Youth activity fees
Other activites income
356
-
589
2,075
-
589
e.Other incoming resources
Insurance claims
-
-
-
TOTAL INCOMING RESOURCES
126,232
2,228
14,048
TOTAL
2020
£
98,606
1,091
22,598
3,815
-
5,914
132,023
3,943
500
3,327
7,770
50
-
1,719
-
946
2,665
-
142,508
Unrestricted Designated Restricted
Funds
Funds
Funds
£
£
£
TOTAL
2019
£
103,765
11,727
3,518
2,408
87
25,427
603
-
-
1,805
616
1,086
134,514
3,024
13,502
8,423
-
-
20
625
12
81
368
8,524
625
380
72
13
18
306
-
-
4,882
-
-
10
-
-
191
1,351
-
5,389
1,351
-
-
-
-
148,500
5,012
13,900
115,492
6,012
26,029
-
-
3,507
151,040
8,423
657
449
9,528
103
306
4,882
10
1,542
6,740
-
167,412

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PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020

3. RESOURCES EXPENDED
**Note ** **Unrestricted ** **Designated ** Restricted TOTAL Unrestricted Designated Restricted TOTAL
Funds Funds Funds 2020 Funds Funds Funds 2019
a. Expenditure on Charitable Activities £ £ £ £ £ £ £ £
Missionary and charitable giving: 1,092.00
Church overseas:
- missionary societies 13,100 13,100 12,832 1,118 13,950
- relief and development agencies - - 359 359
Home missions 955 600 1,555 1,750 350 2,050 4,150
UK Organisations 100 450 550 100 . 100
Contributions to Diocese 14,155
66,141
600 450 15,205
66,141
14,682
70,862
1,827 2,050
-
18,559
70,862
Clergy Costs
Clergy expenses 1,470 1,470 6,559 - 6,559
Clergy Housing costs 2,123 2,123 4,063 - 4,063
Church administrator 4 7,377 7,377 8,590 - 8,590
Church Activity Costs 10,970 - - 10,970 90,074 - - 90,074
Good News Club - -
Youth & Childrens Work 481 612 1,093 2,035 5,005 7,040
Worship Expenses 2,233 2,233 3,682 3,682
Web Site & Publicity 1,162 1,162 975 328 1,303
Outreach & Training Events 988 413 1,168 2,569 1,082 313 295 1,689
Events and activities 1,239 366 72 1,676
Other Church Activity costs 247 247 2,231 1,621 3,776 7,628
Church Building Costs 6,350 778 1,852 8,980 10,005 1,933 9,404 21,343
Church Insurance 1,927 1,927 1,984 1,984
Utilities 3,699 3,699 7,785 7,785
Cleaning 2,256 2,256 3,177 3,177
Maintenance 812 812 8,893 8,893
Building Repairs 2,539 2,539 -
Furnishing, equipment (not Capitalised) 2,185 249 2,434 1,217 481 1,697
Depreciation 546 546 546 546
Other Costs 13,964 - 249 14,213 23,602 - 481 24,083
Subscriptions 477 477 -
Telephone/internet 841 841 907 907
Photocopier 1,293 1,293 2,877 2,877
Printing, Post and Stationery 89 89 280 280
Sundry expenditure 165 426 3,952 4,543 970 137 78 1,186
Independent Examiner's fee 370 370 294 294
Bookkeeping costs - - - -
Bank charges 65 55 60 180 60 60 62 182
3,300 481 4,012 7,793 5,389 197 140 5,726
TOTAL RESOURCES USED 114,880 1,859 6,563 123,302 143,752 3,957 12,075 159,784

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PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020

4 Staffing, Trustees and Related Party costs

During the year the PCC employed one (2019: two) staff member: a Church Operations Officer, (and a Childrens & Families Worker until 31 March 2019). This does not include the vicar who is employed by the Diocese of Rocheter, his associated costs are met by the PCC (working expenses £1470 in 2020), and stipend and housing costs more than provided for in the parish share contribution. Clergy newly in post in 2021 had not yet submitted working expense claims as at the date of this report.

One PCC member received reimbursement of expenses in relation to taking funeral s (Rose Robinson £103 (£110)). No trustees claimed expenses or renumeration in relation to their role as trustees. An immaterial portion of the expenses paid to the clergy may be related to services to the PCC.

Retirement pension benefits for non clergy: Regulations relating to auto-enrolment have been fulfilled for all eligble staff (nil in 2020, one in 2019).In addition various members of the Parochial Church Council made No employee received more than £60,000. voluntary donations to the Church in the year. All donations were made on an arms length basis and no donor received any direct benefit as a result.

5 FIXED ASSETS

Cost
Brought Forward
Additions
Disposals
Carried Forward
Depreciation
Brought Forward
Charge for the year
Disposals
Carried Forward
Net Book Value 31st December 2020
Net Book Value 1st January 2020
Equipment
£
25,088
-
-
25,088
23,996
546
-
24,542
546
1,092
Total
£
25,088
-
-
25,088
23,996
546
-
24,542
546
1,092

Addition in 2018 is of a PC for church use, depreciation over 3 years on a straight line basis

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DEBTORS
Gift Aid recoverable
Other debtors
7
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors
Accruals and deferred income
2020
£
5,717
5,717
2020
£
2,117
2,117
2019
£
2,731
2,731
2019
£
330
330

The PCC has a 5 year contract on its photocopier, taken out in June 2017, with an ongoing liability of £99/quarter until the end of the contract.

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PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020

8 MOVEMENT IN DESIGNATED FUNDS

Incoming Resources
Income from activities
Transfers from General Funds
Transfers from Other Funds
Interest received
Resources Used
Expenditure for designated purpose
Activity costs
Administration costs
Transfers to General Funds
Transfers to Other Funds
Net Incoming/(Outgoing) Resources
Balance brought forward at 1st January
Balance Carried forward
Repair
Barnabas Breakaway
Young
Sundry
Fund
Fund
Fund
Peoples
Funds
Fund
£
£
£
£
£
475
376
750
251
126
219
20
1,816
400
10
1,826
601
595
750
671
600
659
366
235
4,015.41
-
750
4,015
-
1,201
750
659
-2,189
601
(606)
-
13
5,176
542
835
1,535
345
2,987.47
1,143
230
1,535
358

Repair Fund - The PCC sets aside funds to provide for the future repair of the church/hall . All the funds utilised in the year were in respect of repairs to the Church building . Funds are held by the Diocese of Rochester on behalf of the PCC .

Breakaway Fund - A separately administered fund which raises funds to supplement the Church's giving to external organisations . Barnabas fund - holds donations and profits from general fund raising for the support of the mission activities of current and former Church members.

- Young peoples Fund derived from specific donations and allocated by the PCC to provide additional resources for the work of the Church with young people.

Sundry Funds reflects other funds received for a specific purpose and their application.

9 MOVEMENT IN RESTRICTED FUNDS

Incoming Resources
Income from donations
Grants
Income from activities
Transfers from other funds
Resources Used
Activity costs
Ministry costs to Families & Children
Net Incoming/(Outgoing) Resources
Balance brought forward at 1st January
Balance Carried forward
Bereave-
ment Group
GLOW
Children &
Families
Worker
Good
News
Hope fund
Walders-
lade Sings!
£
£
£
£
£
£
5,010
8
1,243
1,191
3,516
34
35
3,011
825
109
-
-
5,869
8
4,793
4,311
25
360
3,248
2,618
312
-
25
672
-
3,248
2,618
-
(25)
5,197
8
1,545
1,693
310
33
881
378
-
1,652
310
8
6,079
386
1,545
3,345

The Bereavement Group funds the provision of a bereavement support group at the Net community centre. GLOW is a Ladies group - funding an annual away day (teaching and activities ) for ladies & girls. The Children & Families Worker fund comprises specific donations for the funding of a targeted ministry in that area. Good News is a funding group providing an annual holiday for pensioners from the Church and their associates. Hope fund is new in 2020 and is for the provision of food and other support to needy families in the area. Walderslade Sings! is a self funding Community Choir set up by Church members to build liinks with the community.

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PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020

10 ANALYSIS OF TOTAL NET ASSETS BY FUND

Fixed Assets
Unrestricted Non designated funds
Current Assets
GLOW
Children & Family worker fund
Good News
Hope fund
Walderslade Sings!
Designated Diocesan Repair funds
Designated Barnabas fund
Designated Breakaway fund
Designated Young Peoples fund
Sundry Designated Fund
Unrestricted funds
Current Liabilities - falling due in one year
Children & Families
Walderslade Sings!
Designated Breakawayfund
Unrestricted Non designated funds
Fund balance
Unrestricted Restricted
Total
Funds
Funds
£
£
£
546
-
546
310
310
8
8
6,079
6,079
386
386
1,545
1,545
3,345
3,345
2,987
2,987
1,143
1,143
230
230
1,535
1,535
358
358
98,059
98,059
-
-
-
-
-
-
-
104,858
11,673
116,530

11 Additional Information

The services of the Vicar, Martyn Saunders, are fully funded by the Diocese of Rochester, the Church’s supervising body to which the Parochial Church Council makes a contribution as a Parish Contribution.

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Independent Examiner’s Report to the PCC of the Ecclesiastical Parish of St Philip & St James Chatham

This report on the financial statements of the PCC for the year ended 31st December 2020, which are set out on pages 1 to 13, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (“the Regulations”) and s.145 of the Charities Act 2011 (“the Act”).

Respective responsibilities of PCC members (Trustees) and examiner

As the members of the PCC you are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. Where the charity’s gross income exceeded £250,000 that I am qualified to undertake the examination by being a qualified Fellow of the Association of Charity Independent Examiners .

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission and the Church Guidance 2006 issued by the Finance Division of the Archbishops’ Council. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

D R Ralph

David R Ralph IEng JP FCIPD MIET FCIE

1[st] May 2021

HMCE MLR No. 12338775 50 Southwood Road Rusthall Tunbridge Wells Kent TN4 8SP

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